Description
Don't miss this unique opportunity to own a turnkey Quadplex on the crest of Historical Missionary Ridge. Property is being sold fully furnished! This Quadplex has been thoughtfully designed and maintained to incorporate both original charm and tasteful updates. Enter inside to find beautifully restored hardwood floors, high ceilings, and an abundance of natural light. In addition, views from the back of the property boasts 180 degree views of downtown Chattanooga and Lookout Mountain. Each of the four units are fully furnished and leased on a mid-term basis with tenants staying anywhere from 3 to 24 months. Demand is such that vacancies are virtually non-existent. The property is currently fully occupied and grossing $6800/mo. Unit mix consists of three-1 bedroom apartments, and one 2-bedroom apartment. Each is complete with full kitchens, living/dining areas, washer/dryer closets, and master suites. Please be respectful of tenants and do not trespass. Don't hesitate to reach out directly for further information.
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0BEDS
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0.25ACRES
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0BATHS
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01/2 BATHS
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4,420SQFT
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$180$/SQFT
School Information
Description
Don't miss this unique opportunity to own a turnkey Quadplex on the crest of Historical Missionary Ridge. Property is being sold fully furnished! This Quadplex has been thoughtfully designed and maintained to incorporate both original charm and tasteful updates. Enter inside to find beautifully restored hardwood floors, high ceilings, and an abundance of natural light. In addition, views from the back of the property boasts 180 degree views of downtown Chattanooga and Lookout Mountain. Each of the four units are fully furnished and leased on a mid-term basis with tenants staying anywhere from 3 to 24 months. Demand is such that vacancies are virtually non-existent. The property is currently fully occupied and grossing $6800/mo. Unit mix consists of three-1 bedroom apartments, and one 2-bedroom apartment. Each is complete with full kitchens, living/dining areas, washer/dryer closets, and master suites. Please be respectful of tenants and do not trespass. Don't hesitate to reach out directly for further information.
549 S Crest Drive Chattanooga, TN 37404
Property Description
Architectural Style [] Attached Garage YN No Carport YN No Construction Materials Aluminum SidingFiber CementStone Exterior Features [] Fencing [] Foundation Details [] Garage YN No Lot Features Brow Lot Lot Features Brow Lot Yes Other Structures [] Parking Features Off Street Patio And Porch Features DeckPatio Pool Features [] Roof Shingle Roof Shingle Yes Structure Type [] View Other View YN Yes Waterfront Features [] Waterfront YN No
Accessibility Features [] Appliances [] Basement Cellar Basement YN Yes Building Area Total 4420 Cooling Central Air Cooling YN Yes Fireplace Features [] Fireplace YN Yes Flooring [] Heating Central Heating YN Yes Interior Features Eat-in KitchenOpen Floorplan Laundry Features [] Levels Two Window Features []
Association Amenities [] Association YN2 No Auction YN2 No Community Features None Green Energy Efficient [] Green Sustainability [] Green Water Conservation [] Listing Terms CashConventionalFHAOwner May Carry New Construction YN No Other Equipment [] Property Sub Type Quadruplex Security Features [] Senior Community YN No Sewer [] Special Listing Conditions [] Tax Annual Amount 4135.5 Utilities Sewer Connected Utilities Sewer Connected Yes Water Source Public
Listing information © 2024 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Freestone Property Group: 423-402-9392.
